Is it smart to go to school for entrepreneurship?

9 aspiring tycoons tell FSB how the classes they took affected their businesses.

Michael Hanson, 46
The Owner
Michael Hanson, 46
University of St. Thomas
Opus College of Business
Family-business-management course

The best aspect of the family-business management course I took with my son, Andrew Hanson, was hearing other parents discuss their challenges. Business owners are usually leery of exposing their financials and detailing their operations. But this was a safe environment, because we took vows of confidentiality. Throughout the class, I observed my son Andy growing more interested in Hanson Financial (hansonfinancialinc.com), my firm in Vadnais Heights, Minn. I was an active participant, so I think he learned from my leadership. Andy and I were a little apprehensive about going into business together, but this course helped us identify the strengths that each of us brings. I enjoyed being back in the classroom and sharing a common interest with my son. The semester was as much about building a stronger bond as it was about the future of our business.
- As told to Brandi Stewart

The Professional

The Undergrad

The E-Learner

The Hybrid

The Idea Guy

The MBA

The Serial Entrepreneur

The Owner

The Heir
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.